Global

GLOBAL - Franklin Templeton's Mark Mobius has said Russia is his current emerging market of choice and suggested concerns over corporate governance are misplaced.

GLOBAL - Institutional investment managers showed a marked trend towards risk aversion in the second quarter of 2011 amid negative economic news, research by Northern Trust found.

GLOBAL - Man Group is to acquire the remaining exposure to the estates of bankrupt US investment giant Lehman Brothers from funds managed by its institutional asset management subsidiary, GLG Partners, for $355m in cash.

GLOBAL - Towers Watson has raked in $50bn in assets under advisement globally through its implemented investment services business, the firm's fiduciary management offering.

GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top 10 most popular stories on www.globalpensions.com over the past seven days.

GLOBAL - Almost a third of institutional investors plan to increase their allocation to hedge funds over the next 12 months, with more than half of them doing so directly, research by Preqin reveals.

GLOBAL - The use of alternative asset by pension funds grew by 16% to $952bn in 2010, according to research by Towers Watson.

GLOBAL - Towers Watson has appointed Paul Morris as regional leader for Europe, Middle East and Africa (EMEA). He replaces Babloo Ramamurthy, who is retiring after 34 years at the company.

GLOBAL - Asian property markets are spearheading the resurgence in rental values ahead of Western markets, while interconnected cities are best placed to perform globally, PRUPIM believes.

GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top 10 most popular stories on www.globalpensions.com over the past seven days.